Criminal Justice Act 1994

Interest.

41

41.Cash seized under this Part of this Act and detained for more than forty-eight hours shall, unless required as evidence of an offence, be held in an interest-bearing account and the interest accruing on any such cash shall be added to that cash on its forfeiture or release.

Annotations

Modifications (not altering text):

C9

Section applied with modifications (30.07.2018) by Criminal Justice (Corruption Offences) Act 2018 (9/2018), s. 22, S.I. No. 298 of 2018.

Application of sections 40, 41, 42 and 45 of Criminal Justice Act 1994 to seized property

22. Sections 40 (appeal against forfeiture order), 41 (interest on cash detained), 42 (procedure) and 45 (disposal of forfeited cash) of the Criminal Justice Act 1994 shall, with all necessary modifications, apply in relation to cash or any other seized property detained under section 20, or forfeited under section 21, as they apply to cash (within the meaning of Part VI of that Act) detained under section 38, or forfeited under section 39, of that Act.

C10

Section applied with modifications by Prevention of Corruption (Amendment) Act 2001 (27/2001), s. 2C as inserted (12.02.2005) by Proceeds of Crime (Amendment) Act 2005 (23/2005), s. 23, commenced on enactment.

[Application of sections 40, 41, 42 and 45 of Act of 1994 to certain property

2C.—Sections 40 (appeal against forfeiture order), 41 (interest on cash detained), 42 (procedure) and 45 (disposal of forfeited cash) of the Act of 1994 shall apply in relation to cash and, as appropriate, to any other gift or consideration detained under section 2A, or forfeited under section 2B, of this Act as they apply in relation to cash detained or forfeited under section 38 or 39 of that Act.]